Sinking Spring, PA is a suburban neighborhood located in Berks County. It offers the comfort of a small-town atmosphere, yet provides its residents with convenient access to multiple nearby cities including Reading and Philadelphia. Local businesses in Sinking Spring include Green Aire Market and The Phoenix Taproom & Grill which offer great options for shopping or dining out. There are also several job opportunities available in this area, ranging from healthcare to administrative work. The town also boasts many attractions like the Wyomissing Creek Bike Trail and the Wertz Candies factory for those looking to explore the outdoors or indulge in a sweet treat!
Sinking Spring has an unemployment rate of 7.6%. The US average is 6.0%.
Sinking Spring has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.
Tax Rates for Sinking Spring
- The Sales Tax Rate for Sinking Spring is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sinking Spring is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sinking Spring
- The average income of a Sinking Spring resident is $27,150 a year. The US average is $28,555 a year.
- The Median household income of a Sinking Spring resident is $72,344 a year. The US average is $69,021 a year.